Category: "Energy"

09/20/12

AfDB approves $348 mln to fund Ethiopia-Kenya power line Source: Reuters The African Development Bank has approved a $348 million loan for Ethiopia and Kenya to finance a cross-border power line, the second phase of a $1.26 billion project to help… more »

09/15/12

IMF Urges Ethiopia to Slow Nile Dam Project to Protect Economy By William Davison Bloomberg News Ethiopia should slow the construction of Africa’s largest hydropower plant to avoid the dam and other projects starving the rest of the economy of funds,… more »

09/13/12

Ethiopia's Mines Minister Sinknesh Ejigu Ethiopia Government Forms Company to Develop Oil, Gas Resources Ethiopia announced plans to start a state-owned company that will develop oil and gas resources in a partnership with private companies. Bloomberg… more »

08/16/12

World Bank under fire over Ethiopian dam The Gibe III dam in southern Ethiopia is a controversial project. Now the World Bank has come under fire over its plans to finance a power line from Ethiopia to Kenya which critics say could be fed by the dam.… more »

China's role in funding Ethiopian dam draws ire Ethiopia says construction of a dam along the Omo River will create needed electrical power for itself and Kenya, and channel water for food production. Environmentalists worry it could drain a Kenyan… more »